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Beauty

The latest news

E.L.F. annual sales, earnings surge on recovered fourth quarter

E.L.F. annual sales, earnings surge on recovered fourth quarter

E.L.F. Beauty announced on Wednesday sales for the fiscal year surged by double digits, primarily driven by strength in the beauty chain's national and international retailers, especially in the fourth quarter.
Beauty
UK retail sales normalised in May, but fall expected in June, online awful - CBI

UK retail sales normalised in May, but fall expected in June, online awful - CBI

​UK retailers reported just “average” sales for the time of year in May (0% from -24% in April), up from a weaker- than-normal previous month. But overall sales are expected to fall below seasonal norms again in June.
Fashion
Cash-strapped Britons cut back on clothing, cosmetics

Cash-strapped Britons cut back on clothing, cosmetics

​As the cost of living crisis deepens, Britons have a long list of items they're cutting back on and a new study shows that top of the list is clothing.
Fashion
Marco De Vincenzo is new Etro creative chief, accessories will be key

Marco De Vincenzo is new Etro creative chief, accessories will be key

​Etro, the luxury Italian label controlled by the L Catterton fund, has named Marco De Vincenzo as its new creative director. Starting early next month, he’ll be in charge of the women's, men's and home collections.
Fashion
Glossier CEO Emily Weiss to step down

Glossier CEO Emily Weiss to step down

Glossier founder Emily Weiss announced on Tuesday in a company blog post that she is stepping down as chief executive officer. 
Beauty
L'Oreal CEO says no inflation impact so far on beauty product consumption

L'Oreal CEO says no inflation impact so far on beauty product consumption

French cosmetics group L'Oreal is not so far seeing any impact from inflation on purchases of beauty products, its chief executive told Reuters on Tuesday.
Beauty
Chanel strong in 2021 and upbeat for 2022 as it beats pre-Covid figures

Chanel strong in 2021 and upbeat for 2022 as it beats pre-Covid figures

Luxury giant Chanel on Tuesday reported 2021 revenues that surged 49.6% year-on-year to $15.6 billion. And it's  confident it will deliver another year of solid growth in 2022.
Luxury
Secret Sales unveils fulfilment service for brands needing UK distribution centre

Secret Sales unveils fulfilment service for brands needing UK distribution centre

​Secret Sales has launched a fulfilment service to support brands requiring a UK distribution centre. It’s called Fulfilment by Secret Sales and it aims to solve logistics challenges.
Fashion
Delivery issues are deal-breakers for most marketplace e-shoppers - report

Delivery issues are deal-breakers for most marketplace e-shoppers - report

​Delivery systems that can be trusted have always been essential for online retailers in keeping consumers happy. But research shows delivery is now one of the biggest deal-breakers.
Luxury
Very Group to add new webstore tech

Very Group to add new webstore tech

E-tailer Very Group has long embraced technology and now the owner of the Very and Littlewoods sites has announced plans to transform its Very.co.uk content management system through a new partnership with Amplience.
Fashion
Liberty London uses robotic process automation to get products onto webstore faster

Liberty London uses robotic process automation to get products onto webstore faster

​Part of department store Liberty London’s appeal may be its traditions and its ‘old world’ charm, but the business is continuing to embrace technology as it moves forward post-pandemic.
Luxury
Klarna announces job cuts, 10% of posts to go

Klarna announces job cuts, 10% of posts to go

​BNPL may be booming but a troubled global economy is still presenting challenges to operators in the segment and news has emerged that one of the biggest operators, Klarna, is cutting 10% of its workforce.
Fashion
West End landlord Shaftesbury hails footfall recovery, rising property values

West End landlord Shaftesbury hails footfall recovery, rising property values

​Shaftesbury, the West End property giant that's in talks about a merger with Capco, has reported what might be its last set of results before a merger is unveiled with footfall up and its portfolio value growing.
Fashion
Big luxury names still back physical retail, London, Paris, NYC are key

Big luxury names still back physical retail, London, Paris, NYC are key

Major global brands will “continue betting on physical retail to drive sales in resilient destination cities”, a Savills report says. And it named New York, Paris and London as “the most attractive cities for retailers”.
Fashion
L'Oréal acquires stake in Japanese start-up Sparty

L'Oréal acquires stake in Japanese start-up Sparty

Through the Bold venture capital fund, L’Oréal has bought a minority stake in Sparty, a Japanese start-up specialising in personalised beauty products.
Beauty
Superdrug links with Jack Monroe to help shoppers through cost-of-living crisis

Superdrug links with Jack Monroe to help shoppers through cost-of-living crisis

​UK health & beauty retailer Superdrug has launched its ‘Shop Smart’ campaign in partnership with poverty campaigner and activist Jack Monroe, to help customers navigate the growing cost of living crisis.
Beauty